Ningbo Port Group has entered an agreement to co-operate with government of Shangrao, a hinterland city in central China's Jiangxi province, on simplifying customs clearance for transshipments, Xinhua reported.
The two sides will jointly set up a facility in Shangrao to offer one-stop customs service, which has convenient access to transportation near a railway station and an expressway and has a facility which covers an area of 33.3 hectares.
The first phase of the facility covers 20 hectares and is able to handle 50,000 TEU or three million tons a year. After completion in September next year, the first phase is expected to generate annual revenue of CNY800 million (US$108 million). The second phase covers 13.3 hectares but has the same capacity as the first phase and scheduled to open by September 2009.
The two sides will jointly set up a facility in Shangrao to offer one-stop customs service, which has convenient access to transportation near a railway station and an expressway and has a facility which covers an area of 33.3 hectares.
The first phase of the facility covers 20 hectares and is able to handle 50,000 TEU or three million tons a year. After completion in September next year, the first phase is expected to generate annual revenue of CNY800 million (US$108 million). The second phase covers 13.3 hectares but has the same capacity as the first phase and scheduled to open by September 2009.